Archive · 4 Sep 2025
Mirae Asset Mutual Fund Trims Stake in Syngene International
Mirae Asset Mutual Fund sold some of its shares in Syngene International.
This reduced their ownership by a small amount, about 0.16%.
The fund still owns a significant part of the company, approximately 2.95% of the shares.
Syngene International provides services for drug discovery and manufacturing.
The company's profits and revenue have increased.
Syngene's shares have decreased by 32% since December but are still well above their March 2020 low.
Mirae Asset Mutual Fund reduced its stake in Syngene International by 0.16% through open-market transactions.
The fund now holds 2.95% of Syngene International's equity.
Syngene International's Q1 FY26 profit after tax (PAT) rose by 59% year-on-year.
Revenue from operations for Syngene International grew 11% year-on-year in Q1 FY26.
Syngene International's shares have decreased by 32% since December.
- Who
- Mirae Asset Mutual Fund
- What
- trimmed its stake in Syngene International
- When
- September 2, during Q1 FY26
- Where
- N/A
- Why
- N/A
- Company
- Syngene International
- Fund
- Mirae Asset Mutual Fund
- Stake Reduction
- 0.16%
- New Stake Percentage
- 2.95%
- Shares Sold
- 667,386
- Q1 FY26 PAT Growth
- 59%
- Q1 FY26 Revenue Growth
- 11%